Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: 4th quarter results and revenue projections

It will be very interesting to see the fourth quarter results to see what has happened to revenues and the effect on the burn rate. We have been burning at a rate of 3 to 4 million per quarter over the past year. Will that number drop based on revenues or will we have spent more to compensate for the revenues. Since the first quarter will essentially be over by the time the 4th quarter results are released, revenue projections should be accurate for the first quarter and should give a good look at Q2. We should have a decent look at wether another capital raise will be necessary by looking at those results. I expect a news release on Tuesday that will announce the date or the fourth quarter results and a minor update based on the presentation but don't expect anything ground breaking. I would love to see something big but don't expect it.

 

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